Regions that registered house prices above the national average were the Algarve (2,000 euros per square metre), Lisbon (1,813), Madeira (1,436) and Porto (1,370), according to INE.

The municipality of Lisbon presented the highest value per square metre – 3,531 euros.

The median price of homes purchased by buyers with tax domicile in Portugal was 1,273 euros per square metre, rising to 2,105 euros for buyers with a tax domicile abroad.

At an international level, the median among buyers from the European Union was 1,788 euros per square metre, rising to 2,565 euros per square metre in the other countries.

Related article: